The GOP's Antique Bank

The Export-Import Bank is a flagship of crony capitalism.

June 8, 2014 6:03 pm ET

One issue that has Republicans at the grass roots tearing at each other instead of fighting Democrats is the sense that the Beltway GOP protects Beltway special interests. We can't think of a better way for the party's Washington leadership to show they get that message than by pulling the plug on the Export-Import Bank.

Unless you are part of the Ex-Im brotherhood, you couldn't begin to guess when it was created—in 1934 by Franklin D. Roosevelt. It's now kept on life support by the U.S. Chamber of Commerce and an in-crowd...